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HFMA CRCR Exam Study Guide 2024 - Complete Review, Practice Questions & Answers

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HFMA CRCR Exam Study Guide 2024 - Complete Review, Practice Questions & Answers

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HFMA CRCR EXAM REAL
ACTUAL EXAM LATEST
UPDATE 2025 QUESTIONS
WITH CORRECT DETAILED
ANSWERS

,1. What are collection agency fees based on?
A percentage of dollars collected



2. Self-funded benefit plans may choose to coordinate benefits using the gender rule or
what other rule?
Birthday



3. In what type of payment methodology is a lump sum or bundled payment negotiated
between the payer and some or all providers?
Case rates



4. What customer service improvements might improve the patient accounts department?
Holding staff accountable for customer service during performance reviews



5. What is an ABN (Advance Beneficiary Notice of Non-coverage) required to do?
Inform a Medicare beneficiary that Medicare may not pay for the order or service



6. What type of account adjustment results from the patient's unwillingness to pay for a
self-pay balance?
Bad debt adjustment



7. What is the initial hospice benefit?
Two 90-day periods and an unlimited number of subsequent periods



8. When does a hospital add ambulance charges to the Medicare inpatient claim?
If the patient requires ambulance transportation to a skilled nursing facility



9. How should a provider resolve a late-charge credit posted after an account is billed?
Post a late-charge adjustment to the account

,10. an increase in the dollars aged greater than 90 days from date of service indicate what
about accounts
They are not being processed in a timely manner



11. What is an advantage of a preregistration program?
It reduces processing times at the time of service



12. What are the two statutory exclusions from hospice coverage?
Medically unnecessary services and custodial care



13. What core financial activities are resolved within patient access?
Scheduling, insurance verification, discharge processing, and payment of point-of-service receipts



14. What statement applies to the scheduled outpatient?
The services do not involve an overnight stay



15. How is a mis-posted contractual allowance resolved?
Comparing the contract reimbursement rates with the contract on the admittance advice to identify the
correct amount



16. What type of patient status is used to evaluate the patient's need for inpatient care?
Observation



17. Coverage rules for Medicare beneficiaries receiving skilled nursing care require that
the beneficiary has received what?
Medically necessary inpatient hospital services for at least 3 consecutive days before the skilled nursing
care admission



18. When is the word "SAME" entered on the CMS 1500 billing form in Field 0$?

, When the patient is the insured

19. What are non-emergency patients who come for service without prior notification to the
provider called?
Unscheduled patients



20. If the insurance verification response reports that a subscriber has a single policy, what
is the status of the subscriber's spouse?
Neither enrolled not entitled to benefits



21. Regulation Z of the Consumer Credit Protection Act, also known as the Truth in
Lending Act, establishes what?
Disclosure rules for consumer credit sales and consumer loans



22. What is a principal diagnosis?
Primary reason for the patient's admission



23. Collecting patient liability dollars after service leads to what?
Lower accounts receivable levels



24. What is the daily out-of-pocket amount for each lifetime reserve day used?
50% of the current deductible amount



25. What service provided to a Medicare beneficiary in a rural health clinic (RHC) is not
billable as an RHC services?
Inpatient care



26. What code indicates the disposition of the patient at the conclusion of service?
Patient discharge status code

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